The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-01-30

Ing the year 80. a..
Salary. Secretary and Treasurer 550!d
IrlnLldS .--...-..-...-. -Oo'VU
Paid members account, sickness Yes
| Dividends .......... II'Z09 70
Cash on hand. 90 80
Total -,..................... &42;1c
The expense for the yaer vas u %
per cent. of the ,otal income. and
while this is great deal higher rato
| than for 1885, vet it is much lower tboS
| for earlier periods in the soeietv;e
existence, and is not 50 higd but wh,,
dividend of 20 per cent. on the ind
vldual account of each member va.
declared and a balance of 50 mn
left in the treasury. This balance
is loaned out to members NJ
the society in small amounfc
at an established rate of 8 per cent. Tba
total membership of the society is ia
made up of all classes of employment
The following officers and directors
were elected for 1887: George swan
President; James Sharp, Vice resil
dent; Nels Thompson, Secretary and
Treasurer.
Directors-Samuel Hamer Mechanics,
Department; Andrew s. GRAY, Ware
house Department; John Chugg, Train.
men Department; James YaJes. En-
glnemen Department; James Latimer
and Joseph Kingdom, Section men De-
partment; Francis Cope, Sucdries De-
partment.
President Swan delivered the follow
address which was listened to with
much interest and on motion ordered
spread upon the minutes:
Conference.-The report of the secre-
tary which has been presented to us
this evening is not so hattering as those
we have had in previous years. The
sickness has been very heavy this year,
heavier than for a number of years
P st. Our contributions amounted to
S2,S89.OO, the amount pal during the
year to sick members was 81 205.0O or
70 25-1O0 per cent. l regret that We
have had to pay so much; | would pre-.
fer that you all had enjoyed good
health, as [ have no doubt YOU do. But
here / matter for CT n gr at on, h3t
We have been able to assist our fellow
workmen, who have been so unfortul.
ate in being sick. This is one of the
purposes we are Joined together for. aud
We cannot expecI but that occasionally
we will have a'heavy year. If you remem.
Der few years ago the amount paidfOr
sickness and deaths was over 100 Der
cent. Since that time we have not had
such heavy percentage. Still we have
little over our reserve fund; f
amounts to S474.35. | would recon
mend that this sum be divided rqb
among the members, as we have done
formerly.
l notice from the report read that We
have decreased in numbers this wear. |
regret this much. The excellence Of
the objects of this society, the good it
has done IN past years and the careful
and economical manner in which it has
hitherto been managed, ought to rec
ommend it to all who are connected
with the road, without any flourish Of
trumpets or great swelling words Of
vanity. have so often urged the
necessity of my feilow-workmen sup
porting this society, that you may be-
gin to deem me bore. NotWithstand-
ing that, return to it again and
earnestly request all members to use
their lnhue nee to induce our fellow
workmen belonging to the road to Join
US IN this good work. In doing this
L have no axe to grind, no personal ad-
vantage to gain, but desire to see
the benefits Of this society more widely
spread. l have no doubt many Of my
can attest the fact OF
the benefit they have derived in being
connected with it. lis true, we do not
pay very large sums, especially for
death, bat few societies have any ben
cit for sickness; we're 1t not for that,
we could pay a very much larger sum
at the death of a member, but you
would have to die before the benefit
would accrue. Nor is this the main
object OF our society; it is for sick ess
more especially we want to provide.
As mentioned to you last year
l do so now; things are running
so smoothly with us that see
no necessity to propose any reform. but
if any of the members have anything
to sugs est in relation to our society We
will be pleased to hear them, and will
give it due consideration.
Gentlemen, l have been connected
with yol for many years, and that con-
nection has been very pleasant one,
| have sought your interests. and along
With my cOadiutors, have tried to hedge
you round to prevent you from beng
imposed upon, and l am proud TO Say
that better and more honorable class
Of men, as whole. IL has not been ny
lot to meet with, in this place.
Gentlemea, my earnest wishes are IUi
the continuance aud success OF our. So
ciety.